European stocks climbed Wednesday, as the Stoxx Europe 600 index /zigman2/quotes/210599654/delayed XX:SXXP -0.58% closed up 0.30% to 389.41.
The German DAX /zigman2/quotes/210597999/delayed DX:DAX -0.72% gained 0.36% to 12,183.28, the FTSE 100 index /zigman2/quotes/210598409/delayed UK:UKX -0.61% increased 0.30% to 7,005.39 and the French CAC 40 index /zigman2/quotes/210597958/delayed FR:PX1 -0.14% added 0.19% to 5,765.01.
Of the Stoxx Europe 600 constituents, biotechnology company MorphoSys AG /zigman2/quotes/205694191/delayed XE:MOR +0.44% saw the largest increase Wednesday, as shares rocketed 20.2%.
Shares of pharmaceuticals firm Hikma Pharmaceuticals PLC /zigman2/quotes/204872832/delayed UK:HIK +0.26% and diversified reits company Land Securities Group PLC /zigman2/quotes/207145631/delayed UK:LAND +0.71% gained 12.1% and 6.9%, respectively.
Tritax Big Box REIT PLC /zigman2/quotes/208725841/delayed UK:BBOX -0.07% , an industrial/office reits company, and biotechnology firm Lonza Group AG /zigman2/quotes/206849989/delayed CH:LONN -3.47% rounded out the top five largest increases as their stocks increased 6.4% and 6.2%, respectively.
Shares of fishing company SalMar ASA /zigman2/quotes/206932424/delayed NO:SALM -0.75% saw the largest drop among Stoxx Europe 600 constituents, as shares cratered 30.3% on Wednesday.
Shares of fishing firm Mowi ASA /zigman2/quotes/207441189/delayed NO:MOWI -1.49% and diversified holding companies company Thyssenkrupp AG /zigman2/quotes/208475822/delayed XE:TKA -0.46% tumbled 18.9% and 11.3%, respectively.
M&G PLC /zigman2/quotes/214468176/delayed UK:MNG -0.08% , an investment advisors company, and containers/packaging company SIG Group AG /zigman2/quotes/207576268/delayed CH:SIGN -1.26% rounded out the top five largest decreases as their stocks weakened 6.2% and 6.1%, respectively.
The pound /zigman2/quotes/210561263/realtime/sampled GBPUSD -0.5167% was up 0.97% against the dollar, and the euro /zigman2/quotes/210561242/realtime/sampled EURUSD -0.2478% was up 0.95%. Brent crude increased 2.72% to $87.18.
The yield on the 10-year gilt /zigman2/quotes/211347177/realtime BX:TMBMKGB-10Y -0.70% rose 11.24 basis points to 4.007%, and the yield on the German 10-year bund /zigman2/quotes/211347112/realtime BX:TMBMKDE-10Y -4.20% rose 0.053 basis points to 2.11%.